Old trendline is still in play and might lead to more chop sideways, possibly forming a .
The dark blue 200 week is likely as far as it goes if it breaks out.
Keep in mind this dollar index is more about the Euro and Yen rather than the actual broad dollar index which is still where it was in the beginning of the year. https://fred.stlouisfed.org/series/DTWEX...
Although this index does affect Bitcoin and Gold , the dominant trend is dictated by what banks are doing in the Bond market so I wouldn't worry too much about the dollar.
Banks are hoarding bonds right now for a reason. That reason is the Fed's impotence in controlling the dollar and the economy.
We can see this buying started in November 2018 and if it continues, this suggests big problems on the macro economic level.
If you would like to take the red pill: https://www.youtube.com/watch?v=XPlvXuDq...
Gold's run also began in November 2018 for the same reasons. When the on the moves above zero I'll be buying more. Targets are still the macro fib extension levels.
Nasdaq, S&P 500
The is pretty self-explanatory.
Only once prices close above that 50 week on whatever catalyst will there be a decent long trade up to the 200 week . Other than that I'd stick with short term trades on the 1 hour chart.
Breaking into a new range between $2.75 and $4.20
The most highest and most relevant markers determine the most likely bottom and top. Should be an interesting year.
Trading is risky, don't do it.
Expecting sellers @ $17,744
Ideally, price action will build a base here between $14,369 and $17,744 for some time before breaking out and continuing the parabolic move.
Still long BTC no intention of selling anytime soon.